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Indonesian (IDX) Steel Industry Analysis
UpdatedNov 10, 2025
DataAggregated Company Financials
Companies8
- 7D0.6%
- 3M25.5%
- 1Y5.8%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Krakatau Steel (Persero) gained 4.8%. As for the the longer term, the industry is up 5.8% over the past 12 months. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Indonesian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 10 Nov 2025 | Rp72.0t | Rp47.6t | Rp6.0t | 10.4x | 12x | 1.5x |
| Wed, 08 Oct 2025 | Rp60.3t | Rp47.4t | Rp2.5t | 16.4x | 23.8x | 1.3x |
| Fri, 05 Sep 2025 | Rp55.8t | Rp48.6t | Rp3.5t | 11.6x | 16.1x | 1.1x |
| Sun, 03 Aug 2025 | Rp55.4t | Rp44.8t | Rp3.8t | 11.6x | 14.8x | 1.2x |
| Tue, 01 Jul 2025 | Rp49.2t | Rp44.2t | Rp4.1t | 10.7x | 12.1x | 1.1x |
| Thu, 29 May 2025 | Rp48.7t | Rp44.4t | Rp4.1t | 11.4x | 11.9x | 1.1x |
| Sat, 26 Apr 2025 | Rp47.2t | Rp52.0t | Rp4.0t | 6.7x | 11.8x | 0.9x |
| Mon, 24 Mar 2025 | Rp46.5t | Rp53.0t | Rp4.2t | 7.1x | 11.2x | 0.9x |
| Wed, 19 Feb 2025 | Rp43.5t | Rp55.8t | Rp6.0t | 4.1x | 7.3x | 0.8x |
| Fri, 17 Jan 2025 | Rp52.1t | Rp56.1t | Rp6.0t | 5x | 8.7x | 0.9x |
| Sun, 15 Dec 2024 | Rp60.4t | Rp55.1t | Rp5.8t | 6.1x | 10.3x | 1.1x |
| Tue, 12 Nov 2024 | Rp65.6t | Rp54.2t | Rp5.8t | 6.7x | 11.4x | 1.2x |
| Thu, 10 Oct 2024 | Rp75.3t | Rp56.2t | Rp7.0t | 7x | 10.7x | 1.3x |
| Sat, 07 Sep 2024 | Rp67.5t | Rp55.5t | Rp6.9t | 6.4x | 9.8x | 1.2x |
| Mon, 05 Aug 2024 | Rp68.9t | Rp56.2t | Rp6.4t | 6.8x | 10.8x | 1.2x |
| Wed, 03 Jul 2024 | Rp68.7t | Rp65.5t | Rp7.0t | 6.9x | 9.9x | 1x |
| Fri, 31 May 2024 | Rp72.4t | Rp68.4t | Rp7.1t | 6.9x | 10.2x | 1.1x |
| Sun, 28 Apr 2024 | Rp66.2t | Rp69.0t | Rp6.5t | 7.5x | 10.2x | 1x |
| Tue, 26 Mar 2024 | Rp66.9t | Rp67.5t | Rp6.3t | 7.6x | 10.6x | 1x |
| Thu, 22 Feb 2024 | Rp71.3t | Rp65.6t | Rp3.8t | 9.9x | 18.7x | 1.1x |
| Sat, 20 Jan 2024 | Rp66.0t | Rp65.8t | Rp3.8t | 11.4x | 17.3x | 1x |
| Mon, 18 Dec 2023 | Rp70.7t | Rp65.6t | Rp3.8t | 11.3x | 18.6x | 1.1x |
| Wed, 15 Nov 2023 | Rp62.1t | Rp71.5t | Rp4.6t | 8.9x | 13.4x | 0.9x |
| Fri, 13 Oct 2023 | Rp63.6t | Rp71.0t | Rp4.5t | 9.3x | 14.2x | 0.9x |
| Sun, 10 Sep 2023 | Rp71.3t | Rp69.7t | Rp4.4t | 10x | 16.2x | 1x |
| Tue, 08 Aug 2023 | Rp55.4t | Rp70.5t | Rp5.0t | 8.1x | 11.1x | 0.8x |
| Thu, 06 Jul 2023 | Rp54.7t | Rp75.8t | Rp6.0t | 8.6x | 9.1x | 0.7x |
| Sat, 03 Jun 2023 | Rp45.6t | Rp77.0t | Rp7.5t | 6.4x | 6.1x | 0.6x |
| Mon, 01 May 2023 | Rp61.1t | Rp76.2t | Rp7.6t | 6.3x | 8.1x | 0.8x |
| Wed, 29 Mar 2023 | Rp66.0t | Rp78.0t | Rp7.7t | 6.2x | 8.6x | 0.8x |
| Fri, 24 Feb 2023 | Rp74.4t | Rp78.5t | Rp8.8t | 7.2x | 8.4x | 0.9x |
| Sun, 22 Jan 2023 | Rp89.6t | Rp77.9t | Rp8.8t | 9.7x | 10.2x | 1.2x |
| Tue, 20 Dec 2022 | Rp88.1t | Rp80.2t | Rp9.1t | 10.2x | 9.7x | 1.1x |
| Thu, 17 Nov 2022 | Rp98.2t | Rp78.6t | Rp8.9t | 15.7x | 11x | 1.2x |
Price to Earnings Ratio
11x
Current Industry PE
- Investors are relatively neutral on the Indonesian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 11.8x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 12% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Indonesian Steel compare with similar industries?
| ID Market | 2.99% | |
| Materials | 1.84% | |
| Metals and Mining | 0.20% | |
| Steel | 0.58% | |
| Diversified Metals and Mining | 3.00% | |
| Copper | -1.06% | |
| Gold | -3.68% | |
| Aluminum | -5.61% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KRAS Krakatau Steel (Persero) | Rp356.00 | 7.9% +Rp503.0b | 204.3% | PE7.8x | |
| NIKL Pelat Timah Nusantara | Rp370.00 | 8.2% +Rp70.7b | 35.0% | PE43.5x | |
| GDST Gunawan Dianjaya Steel | Rp116.00 | 0.9% +Rp9.2b | 14.9% | PE10.5x | |
| LABA Green Power Group | Rp238.00 | 3.5% +Rp8.8b | -36.7% | PE70.6x | |
| BTON Betonjaya Manunggal | Rp396.00 | 2.1% +Rp5.8b | 2.1% | PE8.5x |